Guide price
£25,000Mixed use for sale
Channel Street, Galashiels, Selkirkshire
Auction
Mixed use
Features and description
- Tenure: Freehold
- Mixed use portfolio opportunity
- Non trading public house with residential unit above
- Add value through residential refurbishment
- Change of use potential subject to consents
- Central Galashiels location
Commercial unit
Spacious commercial retail unit, enjoying prime trading location in Galashiels town centre. Extending to approximately 123 sq. metres (1323 sq. ft) in an L-shaped footprint, this former bookmakers unit offers an exciting opportunity for an owner/operator business or addition to an existing commercial portfolio. There is also a basement area, accessed by a wooden stair in the front retail space. A full programme of refurbishment works is required, and the unit is currently unsafe for access with only external viewings available. The published rateable value of £9600 means that rates relief may be available through the Small Business Bonus Scheme dependent on purchaser’s circumstances. The competitive Guide Price is sure to attract strong levels of interest, and early expression of interest is essential.
Unsafe properties
Unsafe properties are evidently in a condition that poses a serious risk to the health or safety of occupants or visitors, or where the way the home is marketed suggests it is unsuitable for occupation in that condition. There is little point in a condition survey being undertaken on a home that is unfit for occupation in any case and is being advertised as such.
Island Street enjoys convenient central location close to the town centre of the popular Borders town of Galashiels. The town offers a wide range of retail and leisure options, as well as both primary and secondary schools. Public transport is readily available with regular bus services, and the Borders railway providing services to and from Edinburgh Waverley.
PURCHASERS NOTES
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.
• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.
This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission. Auction House Scotland is revolutionising the sale of property in Scotland.
Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT. More details can be obtained on application.
Cybercrime Warning:
Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. PLEASE NOTE THAT OUR BANK ACCOUNT DETAILS WILL NOT CHANGE DURING THE COURSE OF A TRANSACTION AND WE WILL NOT CHANGE OUR BANK DETAILS VIA EMAIL. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.
Spacious commercial retail unit, enjoying prime trading location in Galashiels town centre. Extending to approximately 123 sq. metres (1323 sq. ft) in an L-shaped footprint, this former bookmakers unit offers an exciting opportunity for an owner/operator business or addition to an existing commercial portfolio. There is also a basement area, accessed by a wooden stair in the front retail space. A full programme of refurbishment works is required, and the unit is currently unsafe for access with only external viewings available. The published rateable value of £9600 means that rates relief may be available through the Small Business Bonus Scheme dependent on purchaser’s circumstances. The competitive Guide Price is sure to attract strong levels of interest, and early expression of interest is essential.
Unsafe properties
Unsafe properties are evidently in a condition that poses a serious risk to the health or safety of occupants or visitors, or where the way the home is marketed suggests it is unsuitable for occupation in that condition. There is little point in a condition survey being undertaken on a home that is unfit for occupation in any case and is being advertised as such.
Island Street enjoys convenient central location close to the town centre of the popular Borders town of Galashiels. The town offers a wide range of retail and leisure options, as well as both primary and secondary schools. Public transport is readily available with regular bus services, and the Borders railway providing services to and from Edinburgh Waverley.
PURCHASERS NOTES
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.
• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.
This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission. Auction House Scotland is revolutionising the sale of property in Scotland.
Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT. More details can be obtained on application.
Cybercrime Warning:
Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. PLEASE NOTE THAT OUR BANK ACCOUNT DETAILS WILL NOT CHANGE DURING THE COURSE OF A TRANSACTION AND WE WILL NOT CHANGE OUR BANK DETAILS VIA EMAIL. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.
About this agent
Auction House Scotland - Scotland
Office 2, Craigs Business Centre
Macdowall St, Paisley, Renfrewshire
PA3 2NB
0141 376 7959Auction House Scotland is a robust, respected and experienced company with high service standards. As part of the UK’s leading network of regional auction rooms, we have an extensive database of national and international buyers, and as a result, hold an impressive selling success rate – selling 88% of lots across our 2022 in-room livestream auction sales. Our team include a mix of skilled property professionals with a combined 100+ years of experience in the property industry. With their expertise and honest advice, they can guide you as to the most suitable method of sale for your circumstances. Whether you are buying or selling at auction, our team will be there to guide you throughout the entire sales journey. Regardless of the property type, condition or location in Scotland, our team can help. Get in touch today on [use Contact Agent Button] for free auction advice.